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Coal Mining Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

06-29-2016 01:40 PM CET | Energy & Environment

Press release from: /coal-mining-market.html

Developing economies, with their rising need for energy, have fuelled the demand from the global coal mining market. Determining the expected growth of the coal mining market due to the rising demand for coal, the report projects market growth during the period between 2014 and 2020. Mentioning the current trends in the market along with the growth drivers and restraints, the report is a comprehensive analysis for existing players as well as new entrants in the coal mining market.

Interpret a Competitive outlook Analysis Report with free PDF Brochure:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1955

Using up-to-date and reliable research techniques, the report analyses the various factors affecting the coal mining market. Profiling the key market players and using analytical tools such as Porter’s five forces analysis and SWOT analysis, the report provides detailed information about the vendor landscape of the coal mining market.

Overview of the Coal Mining Market

As per data revealed by the World Coal Association, an industry body comprising of coal producers and coal stakeholders, the worldwide mining of hard coal has been estimated at 6185 million tons till January 2015. The report points that the increased usage of coal in electricity generation to cater to rising population will act as one of the major drivers for the growth of the global coal mining market. Rising demand for metallurgical coal from developing economies will further boost the coal mining market.

The report cautions that a surplus of coal supply due to increased coal mining will lead to a drop in coal prices. Transportation of coal from the mining sites requires huge investment; this could also be one of the restraints for the coal mining market. The report identifies that the advancement in technology used for coal mining will create opportunity for the coal mining market.

The global coal mining market has been segmented on the basis of type of coal. Anthracite coal, bituminous coal, and coking coal are classified as hard coal. More suitable for power generation and similar activities, coking coal is widely used in steel production, whereas brown coal, which includes sub-bituminous and lignite coal, is used for on-site fuel. Depending on the various mining methods, the report segments the global coal mining market into underground mining and surface mining (or opencast mining).

The report counts Asia Pacific as the largest coal-producing region in the world. Australia, China, India, and Indonesia are some the leading coal producers. Europe follows Asia Pacific as the second largest coal mining region.

Companies mentioned in the research report:

Describing the competitive scenario of the global coal mining market, the report lists the major competitors in the coal mining market: Arch Coal Inc., Cloud Peak Energy, CONSOL Energy Inc., Coal India Limited, and Peabody Energy Corporation. Most of these companies are multinational corporations with a strong global presence.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Albany, NY 12207
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Email: sales@transparencymarketresearch.com
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